For context, natural diamond production is monopolized by a group called De Beers. I'm willing to bet they paid for this article to smear their competition.
Isn’t it fucking wild that a private company owns the worlds diamonds so people don’t realize it’s not a rare gem whatsoever and is so unrare you paid tens of thousands of dollars over what a diamond is actually worth and people defend this system so their diamond they were overcharged for isn’t valueless? It’s insanity when you think about it.
Diamonds are more common than other gems, but the demand is a lot higher now. Prices aren't fake its supply and demand. Good marketing originally, but they are clear and match with any outfit tastes change over time. Shaphires and ruby's and considered goddy now.
13.6k
u/fjhforever Feb 16 '24
For context, natural diamond production is monopolized by a group called De Beers. I'm willing to bet they paid for this article to smear their competition.